ImmuPharma (LON:IMM) Trading Up 23.5% – Here’s Why

Shares of ImmuPharma plc (LON:IMMGet Free Report) were up 23.5% on Friday . The stock traded as high as GBX 4.70 ($0.06) and last traded at GBX 4.32 ($0.05). Approximately 86,096,039 shares traded hands during mid-day trading, an increase of 204% from the average daily volume of 28,338,043 shares. The stock had previously closed at GBX 3.50 ($0.04).

ImmuPharma Stock Up 23.5 %

The company’s fifty day moving average price is GBX 1.40 and its two-hundred day moving average price is GBX 1.65. The firm has a market cap of £18.00 million, a PE ratio of -432.20 and a beta of 1.53.

ImmuPharma Company Profile

(Get Free Report)

ImmuPharma plc, a biopharmaceutical company, discovers and develops peptide-based therapeutics. Its peptide-based therapeutics are used in the therapy areas of autoimmunity and inflammation, and anti-infectives. The company's lead product candidate is the Lupuzor, an autophagy immunomodulator, which is in Phase III clinical trial for the treatment of lupus, an autoimmune chronic inflammatory disease.

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